Insights

Flexible MWD ecosystem Axel offers a universal MWD platform that integrates with multiple MWD/LWD and RSS tools from various manufacturers, presenting a cross-vendor solution that reduces capital and operating costs for drilling projects. This positions Axel to target operators seeking interoperability and vendor-agnostic equipment strategies.

Marketplace advantage The option to source MWD/LWD subs and spare parts from several affordable manufacturers through Axel’s marketplace creates a cost-competitive procurement channel. This appeals to customers aiming to optimize equipment mix and TCO while maintaining performance.

High speed telemetry Axel emphasizes a high-speed telemetry system as a core differentiator, enabling real-time data transmission and faster decision-making during drilling. This can be leveraged to upsell premium telemetry capabilities and data-driven optimization services.

Cost and efficiency focus By enabling interoperability and marketplace sourcing, Axel helps customers streamline procurement and reduce both capital expenditure and operating costs. This creates opportunities to upsell integration services, project scoping, and ongoing support.

Growth near-term signals Company profile suggests potential alignment with mid-market to large operators seeking scalable MWD/LWD solutions and competitive procurement. Targeted outreach to drilling campaigns with diverse equipment needs could yield rapid value-based conversations.

Similar companies to Axel

Axel Tech Stack

Axel uses 8 technology products and services including cdnjs, Cloudflare, Google Workspace, and more. Explore Axel's tech stack below.

  • cdnjs
    Content Delivery Network
  • Cloudflare
    Content Management System
  • Hammer.js
    Javascript Libraries
  • jQuery UI
    Javascript Libraries
  • DDoS-Guard
    Security
  • HSTS
    Security
  • Video Players

Axel's Email Address Formats

Axel uses at least 2 email formats:
Axel Email FormatsExamplePercentage
First.Last@axelmwd.comJohn.Doe@axelmwd.com
73%
Last@axelmwd.comDoe@axelmwd.com
27%

Frequently Asked Questions

What is Axel's stock symbol?

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Axel is a publicly traded company; the company's stock symbol is AXELUSD.

What is Axel's official website and social media links?

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Axel's official website is axelmwd.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Axel generate?

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As of August 2026, Axel's annual revenue is estimated to be $1B - $10B.

What is Axel's SIC code and NAICS code?

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Axel's SIC code is 8711 - Engineering Services and NAICS code is 211 - Oil and Gas Extraction.

How many employees does Axel have currently?

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As of August 2026, Axel has approximately 27 employees across 3 continents, including Asia, North America and Europe. Key team members include Chief Technology Officer: A. M., Начальник Отдела Разработки По: А. Т. and Senior Software Developer (frontend Web/Desktop): V. S. Explore Axel's employee directory with LeadIQ.

What industry does Axel belong to?

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Axel operates in the Oil and Gas industry.

What technology does Axel use?

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Axel's tech stack includes cdnjs, Cloudflare, Google Workspace, Hammer.js, jQuery UI, DDoS-Guard, HSTS and Vimeo.

What is Axel's email format?

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Axel's email format typically follows the pattern of First.Last@axelmwd.com. Find more Axel email formats with LeadIQ.

How much funding has Axel raised to date?

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As of August 2026, Axel has raised $200K in funding. The last funding round occurred on May 01, 2017 for $200K.

When was Axel founded?

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Axel was founded in 2012.
Axel logo

Axel

Oil and GasCalifornia, United States11-50 Employees

Axel offers a universal measurement-while-drilling platform that integrates MWD/LWD and rotary steerable system tools from multiple manufacturers, underpinned by a high-speed telemetry capability. It also operates a marketplace through which customers can acquire MWD/LWD subs and spare parts from several affordable suppliers, providing sourcing flexibility. By enabling interoperability across equipment from different makers, the solution aims to reduce both capital and operating costs while improving drilling outcomes. Headquartered in Oakland, California, Axel serves the oil and gas sector and targets operators and service providers seeking modular, vendor-neutral telemetry and equipment. The company emphasizes neutrality in its platform, allowing clients to choose the components that best fit their needs without dependence on a single manufacturer. It maintains a small-to-mid-sized team focused on delivering interoperable drilling technology.

Section iconCompany Overview

SIC Code
8711 - Engineering Services
Stock Symbol
AXELUSD
NAICS Code
211 - Oil and Gas Extraction
Founded
2012
Employees
11-50

Section iconFunding & Financials

  • $200K

    Axel has raised a total of $200K of funding over 1 rounds. Their latest funding round was raised on May 01, 2017 in the amount of $200K as a Seed.

  • $1B - $10B

    Axel's revenue is estimated to be in the range of $1B - $10B

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